Rémy Cointreau says challenges in the U.S. Cognac market are proving longer-lasting than expected, with the company downgrading guidance today to call for “no recovery before Q4 24-25 at the earliest.
Higher volumes of upscale Tequilas like 1800, Gran Coramino, and Gran Centenario have boosted Proximo Spirits in the U.S. lately, as parent company Grupo Cuervo posted global third-quarter sales of ...
Napa Valley-based winemaker Duckhorn has been among the top-performing players in the industry the past few years, led by its 1.4-million-case Decoy brand, but even it hasn’t been immune to the tough ...
Gallo’s Apothic wine brand from California played a huge role in the expansion of the red blend category over the past decade, and it continues to rank among the top 10 California table wine brands in ...
Clever Imports, the Florida-based creator of the ChocoVine chocolate wine brand, is launching a new brand called VineSmoothie—a French Chardonnay-based fruit-cream wine. VineSmoothie will hit the ...
One of the foremost executives in the American wine business is retiring after a 37-year career. Roger Nabedian, long the head of E.&J. Gallo’s premium wine division, will be retiring effective in ...
Last week, cannabis and beverage alcohol group Tilray reported $200 million in net revenue for its fiscal first quarter through August, a 12% jump year-over-year. The growth comes as the company finds ...
When Wynk, a hemp-derived THC seltzer, launched in the summer of 2021, it came to market in an unconventional way. Due to the difficulties of interstate shipping, the brand’s original production line ...
Rémy Cointreau has announced a number of new executive appointments, including a new chief in its Americas region. Rémy veteran Nicolas Beckers, who is currently the CEO of the company’s China region, ...
With roots that date back 86 years, Austin, Texas-based Twin Liquors has emerged as the second-largest liquor store chain in the Lone Star state. The company now operates 103 stores, with locations ...
Moët Hennessy’s Terrazas de los Andes, maker of Malbec, Cabernet Sauvignon, and Chardonnay from Argentina’s Mendoza region, is extending at the high-end with Extremo. The new Malbec is the pinnacle of ...
The Wine & Spirits Wholesalers of America (WSWA) announced that it will not hold its annual convention this year but promised its return in 2023. The organization cited ongoing caution and concerns ...